Airbus Stock Rises 3.28% Midday Despite 2025 Delivery Revision
On Wednesday, December 3rd, Airbus stock marked a notable rebound, climbing 3.28% to 196.74 euros by mid-session, while the CAC 40 slightly declined by 0.06%. This increase came paradoxically after the European aerospace manufacturer announced a downward revision of its 2025 delivery target to approximately 790 commercial aircraft, down from the initially planned 820. This recalibration follows a quality issue detected at a fuselage panel supplier affecting the A320 family, a flagship model of the group. Despite this operational adjustment, Airbus maintains its full financial forecasts for the current fiscal year.
Delivery Target Reduction Announced
On Wednesday morning, Airbus announced it was lowering its 2025 commercial aircraft delivery target to around 790 units from the previously stated 820, due to a quality issue at a fuselage panel supplier impacting its A320 family. This revision, representing a near 4% adjustment, does not affect the financial outlook of the group. The aerospace manufacturer indeed maintains its adjusted EBIT targets at approximately 7 billion euros and its free cash flow before customer financing at around 4.5 billion euros. This announcement surprised investors with the resilience of the stock, which instead of dropping, recorded one of the strongest gains in the CAC 40 session. The market seems to appreciate the group's transparency and the confirmation of its financial trajectory, despite the industrial constraints. By the end of October, Airbus had delivered 585 aircraft since January, with a majority being A320s and A321s, implying a sustained pace over the last two months of the year to meet the new target.
Stock Rebounds to 196.74 Euros
The rebound observed this Wednesday to 196.74 euros allowed the stock to regain 3.28% compared to Tuesday's close at 190.50 euros, a level precisely identified as a support threshold by technical analysts. Trading volumes remained modest with only 0.08% of the capital traded during the session. This performance occurs in a contrasting recent context for the European giant: the stock has declined 2.48% over a week, yet it has gained 9.81% over three months and soared 31.67% over a year, significantly outperforming the CAC 40 which rose by 11.5% over the same annual period. Despite this operational setback, Oddo BHF bank reiterates its 'outperform' recommendation and a price target of 236 euros, representing a potential 20% increase from the current level, arguing that the group will benefit from the gradual improvement of the supply chain and the agility work carried out on its industrial tool.
Technical Perspective on Airbus Stock
From a technical standpoint, Airbus stock is currently in a particularly interesting configuration. The Relative Strength Index (RSI) stands at 20, a level clearly in the oversold zone, suggesting that the stock might have reached a technical low and is ripe for a rebound, which indeed materialized this Wednesday. The 50-day moving average is at 204.43 euros, about 4% above the current price, setting a preliminary recovery target for buyers. Crossing this threshold would be a positive technical signal confirming the trend reversal. Analysts also identify a major resistance at 214.15 euros, a level corresponding to the recent high that the stock must reclaim to fully validate its recovery. The immediate support at 190.50 euros, tested on Tuesday, now appears to be solidly defended, as evidenced by the vigorous rebound of the session. This technical setup, combined with the market's reassuring reaction to the announced operational adjustments, suggests that investors anticipate a gradual normalization of the industrial situation over the coming quarters.
